Suggested Online Network Marketing Tips
Historically people have joined a network marketing company for the unlimited potential that this type of business model offers. For years the way of building
this type of business involved home parties, business lunches and hotel meetings, but the internet has changed the way the MLM world does business. When the vast opportunities of the internet
is combined with the unlimited potential of network marketing the results are nothing less than mind boggling. The key to making this …
How To Evaluate Network Marketing Business Opportunities
You’ve been talking with a friend online and they have shared with you an exciting opportunity that they are involved in with a multi level marketing company. You
find yourself wondering if you shouldn’t look into this for yourself, but where do you begin before you commit yourself to this particular company or business. Evaluating network marketing
business opportunities is a critical component of choosing the right MLM opportunity for you.
The …
MLM Network Marketing Training – Equipping Your Downline to Succeed
Leadership is all about help others live to their optimum potential. If you are going to succeed in network marketing, you need to give your downline the tools to defend themselves against people
who will try to steal their dreams, by convincing them their business will not work. Let your downline see that you want them to be succeed. Teach them the principles that successful network
marketers have utilized to obtain their success. Show them how to live out those mindsets, disciplines, and consistent actions. Remind your distributors that they …
Binary MLM Compensation
In this final installment of Understanding MLM
Compensation we will look at the positives and negatives of binary MLM compensation. A binary plan operates on similar principle of restriction, to that of a 2 x 2 matrix plan , in that the first generation of your MLM downline is limited to two people. This limitation creates an
organization that is made up of two separate legs, which …
Unilevel MLM Compensation
In this installment of the series on Understanding MLM
Compensation we will at the advantages and disadvantages of unilevel pay plans. As discussed earlier, unilevel plans closely resemble a stairstep/breakaway plan without having the breakaway
component. Unilevel plans generally set a limit to the number of generation levels from which commissions can be earned, without a limitation on width of those levels. Advancement to
higher compensation levels is accomplished …
MLM Matrix Plans
In this post on Understanding MLM Compensation we will
be looking at the advantages and disadvantages of a matrix plan. As discussed previously a matrix sets strict boundaries on width and depth of the MLM downline.
Advantages of the matrix plan
The first advantage of a matrix compensation plan is the concept of spillover. Because there is a limited number of front line spots, generally 2 or 3, any recruits above that
…
Stairstep and Breakaway MLM Compensation Plans
This is the second installment in the series Understanding
MLM Compensation . Today I want to discuss the pros and cons of stairstep and breakaway MLM compensation plans.
Advantages of the Stairstep and breakaway MLM plan
Historically stairstep plans have offered the best earnings potential. The breakaway component of these plans allows a person to build bigger teams and earn compensation from deeper generational
levels. For example in …
Understanding MLM Compensation – Part I
Understanding MLM compensation plans can at first glance seem daunting. It is my hope to shed some light on this subject for you with a general
overview. There are basically 4 types of pay plans that are being utilized in network marketing today. Each has its own strengths and weaknesses.
Stairstep/Breakaway Plan s
These MLM pay plans are structured like a flight of stairs. Each step represents a higher level of achievement. As …
Investing in Your Network Marketing Business, Part III
In the last installment of the Investing
in Your Network Marketing Business series, I discussed the need to invest in your team. Today I want to give you the third investment that is critical in your network marketing
success:
Invest in Your Business
Network marketers are an interesting group of people. So many of them seem to leave common sense at the door …
Investing in Your Network Marketing Business, Part II
This is part II of a series entitled: Investing in Your Network Marketing Business. In the first installment I talked about the need to invest in
yourself.
Today I want to address what I believe is the second most important investment in your MLM business:
Invest in Your Team
We know that one of the core values of network …